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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2019
Business Combinations [Abstract]  
Schedule of Acquired Assets and Liabilities
The following table summarizes the assets acquired and liabilities assumed in our 2018 acquisitions (in thousands):
 
 
Cavallo Point
 
Landing Resort & Spa
 
Hotel Palomar Phoenix
Land
 
$
—

 
$
14,816

 
$
—

Building and improvements
 
123,100

 
24,351

 
59,703

Furniture, fixtures and equipment
 
10,470

 
3,346

 
5,207

Construction in progress
 
1,734

 
—

 
—

Total fixed assets
 
135,304

 
42,513

 
64,910

Favorable lease asset
 
17,907

 
—

 
20,012

Unfavorable lease liability
 
—

 
—

 
(4,644
)
New Market Tax Credit loan assumption
 
—

 
—

 
(2,943
)
Other assets and liabilities, net
 
(5,083
)
 
(658
)
 
497

Total
 
$
148,128

 
$
41,855

 
$
77,832